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	Scam Alert: Finder's fee for a Government Grant It's a classic con that is targeting millions of Americans. An authentic-looking check arrives unexpectedly in the mail, often billed as a grant from a government agency. Instead of requesting a finder's fee in the form of a wire transfer, the sender requests the fee on a legitimate Green Dot card-a widely used prepaid debit card sold at pharmacies, gas stations and other businesses. Here's how it works: A letter accompanying the bogus check says the recipient must pay a 10 percent finder's fee by buying a Green Dot MoneyPak card, activating it, and sending it to the grant "finder." The amount of the bogus check typically ranges from $975 to $4,975, and usually the MoneyPak can be loaded with a maximum of $500-which, perhaps not coincidentally, is just enough to cover 10 percent of the typical maximum check amount. The bottom line: Legitimate government grants never come to you unexpectedly. You have to apply for a grant from the main federal portal or a local government agency. And if you manage to get one, you won't be asked for any payment. You should be suspicious of any unsolicited check you receive, especially one for less than $5,000. It can take up to two weeks for banks to actually collect those funds, and if the check is discovered to be counterfeit in the meantime, you're liable for any money used from that bogus deposit. For additional information on how to protect your identity, please click here

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